Retirement plan

STANLEY TREE SERVICE, INC. 401(K) PLAN

Name: STANLEY TREE SERVICE INC. - STANLEY TREE SERVICE, INC. 401(K) PLAN (2022) Form 5500
Creator: STANLEY TREE SERVICE INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STANLEY TREE SERVICE, INC. 401(K) PLAN, STANLEY TREE SERVICE INC.

STANLEY TREE SERVICE INC.EIN 05-0468308Plan #001PY 2022

275 GEORGE WASHINGTON HWY - SMITHFIELD, RI 02917401-765-4677LinkedIn1-10 employeesenvironmental services

Other plans on this EIN

1 filing

#002Retirement-$3.9M assets

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.6M

+17.9% from 2021

Total participants

214

-64.5% from 2021

Average account balance

$31,551

+72.4% from 2021

Annual return

-12.43%

-188.30 pp from 2021

Benchmarks

See 1,186 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,186 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$7.37M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$44K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

168

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

54.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.03M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.72%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$164

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
NEW ENGLAND PENSION CONSULTANTS3 years Filed as: NEW ENGLAND PENSION PLAN SYSTEMS, L Service code 13 · EIN 05-0515232	Contract Administrator	$17,920
SERGIO DECURTIS3 years Filed as: SERGIO A DECURTIS Service code 28 · EIN 05-0515232	Investment Management	$6,825

Plan features & details

Pension benefit codes2E2G2F3D2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$34K

$197 / participant

Investment mgmt$7K20.3%
Contract admin$10K30.3%
Other / not subdivided$17K49.3%

% of EOY assets

0.734%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MARCUM, LLP
Auditor EIN: 111986323
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,551

$37,463-15.8%

$77,096-59.1%

$66,938-52.9%

Participation rate

59.4%

52.9%+6.5pp

67.9%-8.5pp

69.8%-10.4pp

Annual return

-12.43%

-3.25%-9.2pp

42.35%-54.8pp

1.58%-14.0pp

Employer contribution / active EE

$1,731

$1,535+12.8%

$2,814-38.5%

$2,545-32.0%

Participant deferral / active EE

$2,919

$2,621+11.4%

$4,429-34.1%

$4,238-31.1%

Admin fee / account holder

$231

$568-59.3%

$5,428-95.7%

$594-61.0%

Provider

Service type

Compensation

NEW ENGLAND PENSION CONSULTANTS3 years

Filed as: NEW ENGLAND PENSION PLAN SYSTEMS, L

Service code 13 · EIN 05-0515232

Contract Administrator

$17,920

SERGIO DECURTIS3 years

Filed as: SERGIO A DECURTIS

Service code 28 · EIN 05-0515232

Investment Management

$6,825

STANLEY TREE SERVICE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STANLEY TREE SERVICE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion